The deal will help PJT Partners expand its presence in the Middle East, giving it access to a diverse client base
On a quarter-on-quarter basis, liquid assets rose by 2 per cent, or Dhs14.9bn, compared to Dhs786.6bn at the end of Q1 2023
The move is part of the bank’s broader strategy to support the growth of domestic stocks and drive economic expansion in the UAE
The central bank directed the foreign bank to present the regulator’s action to its board of directors
The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region
The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region
The event explored transformative innovations in capital markets and regulatory developments while highlighting investment prospects
Finstreet’s subsidiaries – Finstreet Global Market, Finstreet Global Clearing and Settlement, and Finstreet Capital – have received financial services permissions from ADGM’s FSRA
The subscription period is expected to commence this month, with the listing anticipated in October
The plan, developed based on extensive assessment and analysis, aims to provide a comprehensive solution to stabilise the company’s financial and operational platforms
The strategy, formulated around 11 strategic goals, introduces legislative and regulatory reforms to combat money laundering and terrorism financing
The report highlights that the sharp decrease in deal-making and exits over the past two years has largely plateaued in the early part of 2024
The exchange reported a trading volume of approximately 450.7 million ETF units across 19,853 transactions during this period
Experts believe that popular sports can teach us many valuable lessons that can be successfully applied to fields such as trading
While the timing of a full-throttle M&A market recovery is not entirely clear, dealmaking activity in the GCC gathered steam in H1 2024
To mark the fintech sector’s growing importance and in line with Saudi Arabia’s Vision 2030, the inaugural 24 Fintech 2024 event is set to take place from September 3-5
DFSA’s efforts have also bolstered the growth of the capital markets within the DIFC, which remains the world’s largest market for ESG sukuk
The region’s fintech sector is rapidly transforming, driven by strong investments, supportive regulations, and visionary initiatives like Saudi Arabia’s Vision 2030. As the sector grows, industry leaders share their insights on what lies ahead
Amnah Ajmal, EVP – Market Development, EEMEA, Mastercard, shares insights on how technology is transforming the region’s retail landscape and the brand’s latest partnership and initiatives
Hind Abdulrahman Al Ali, board director at Dubai Investments, discusses the pivotal role of women in leadership and her vision for a more inclusive future
This collaboration marks Emirates NBD as the first bank in the UAE to integrate an independent ratings agency into its voluntary carbon market trading operations
SEDCO Capital’s new fund is expected to attract both local and international investors, offering them a vehicle to tap into the growing Saudi market
The agreement is expected to strengthen cross-border market activity between the two markets
Eight out of the 14 MENA IPOs in Q2 2024 delivered positive returns by the end of June, with Miahona Company achieving the highest gain of 90.4 per cent
This move is part of the UAE’s ongoing efforts to enhance its legal and regulatory framework in the fight against financial crimes
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
Siobhan Byron, EVP Universal Banking at Finastra, highlights the role of open ecosystems, cloud, SaaS, and AI in accelerating innovation
Jayesh Patel says that the belief that neobanks struggle with profitability is a misconception while noting that digital banks can be profitable with a defined business objectives
PIF signed the MoUs with key Chinese financial institutions, including the Agricultural Bank of China and Bank of China
Tony Hallside, CEO of STP Partners, a full-service DIFC-based prime broker, discusses the firm’s innovative prime brokerage services, strategic successes, and future plans in the dynamic financial landscape